DON.E.U. BVBA: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DON.E.U. BVBA
Largest movements
- Cash +€22,989
up €22,989 (+33.4%), from €68,798 to €91,787
mainly Net result for the year (+€51,832) and Tax, wage and social debts (+€10,052)
- Tangible fixed assets +€13,269
up €13,269 (+4.3%), from €311,221 to €324,490
of which Land and buildings: +€9,273
- Receivables within one year +€10,825
up €10,825 (+48.7%), from €22,218 to €33,043
of which Other amounts receivable: +€13,000
- Reserves +€51,832
up €51,832 (+42.5%), from €122,032 to €173,864
of which Distributable reserves: +€51,832
- Other debts -€10,938
down €10,938 (-91.2%), from €12,000 to €1,062
- Tax, wage and social debts +€10,052
up €10,052 (+43.8%), from €22,973 to €33,025
- Debts after one year -€5,863
down €5,863 (-15.2%), from €38,656 to €32,793
- Write-downs -€6,000
no longer reported in 2025 (was €6,000)
- Gross operating margin -€3,926
down €3,926 (-4.5%), from €87,139 to €83,212
- Other operating charges -€1,839
down €1,839 (-58.3%), from €3,158 to €1,318
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €477,724 | €524,941 | +€47,218 | +9.9% |
| Fixed assets | 21/28 | €384,221 | €397,490 | +€13,269 | +3.5% |
| Tangible fixed assets | 22/27 | €311,221 | €324,490 | +€13,269 | +4.3% |
| Land and buildings | 22 | €306,855 | €316,128 | +€9,273 | +3.0% |
| Plant, machinery and equipment | 23 | €340 | - | -€340 | |
| Furniture and vehicles | 24 | €4,026 | €8,362 | +€4,336 | +107.7% |
| Financial fixed assets | 28 | €73,000 | €73,000 | = | 0.0% |
| Current assets | 29/58 | €93,503 | €127,451 | +€33,949 | +36.3% |
| Amounts receivable within one year | 40/41 | €22,218 | €33,043 | +€10,825 | +48.7% |
| Trade receivables | 40 | €22,218 | €20,043 | -€2,175 | -9.8% |
| Other amounts receivable | 41 | - | €13,000 | +€13,000 | |
| Cash at bank and in hand | 54/58 | €68,798 | €91,787 | +€22,989 | +33.4% |
| Deferred charges and accrued income | 490/1 | €2,487 | €2,621 | +€134 | +5.4% |
| Total equity and liabilities | 10/49 | €477,724 | €524,941 | +€47,218 | +9.9% |
| Equity | 10/15 | €389,094 | €440,927 | +€51,832 | +13.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €122,032 | €173,864 | +€51,832 | +42.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €120,172 | €172,004 | +€51,832 | +43.1% |
| Profit (loss) carried forward | 14 | €248,463 | €248,463 | = | 0.0% |
| Amounts payable | 17/49 | €88,629 | €84,015 | -€4,615 | -5.2% |
| Amounts payable after more than one year | 17 | €38,656 | €32,793 | -€5,863 | -15.2% |
| Financial debts | 170/4 | €38,656 | €32,793 | -€5,863 | -15.2% |
| Amounts payable within one year | 42/48 | €49,973 | €50,617 | +€643 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €5,746 | €5,863 | +€117 | +2.0% |
| Trade debts | 44 | €9,255 | €10,667 | +€1,412 | +15.3% |
| Suppliers | 440/4 | €9,255 | €10,667 | +€1,412 | +15.3% |
| Taxes, remuneration and social security | 45 | €22,973 | €33,025 | +€10,052 | +43.8% |
| Taxes | 450/3 | €22,973 | €33,025 | +€10,052 | +43.8% |
| Other amounts payable | 47/48 | €12,000 | €1,062 | -€10,938 | -91.2% |
| Accrued charges and deferred income | 492/3 | - | €605 | +€605 | |
| Non-recurring operating income | 76A | €21,009 | - | -€21,009 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,640 | €6,371 | +€731 | +13.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,000 | - | -€6,000 | |
| Other operating charges | 640/8 | €3,158 | €1,318 | -€1,839 | -58.3% |
| Non-recurring operating charges | 66A | - | €2,539 | +€2,539 | |
| Gross operating margin | 9900 | €87,139 | €83,212 | -€3,926 | -4.5% |
| Operating profit (loss) | 9901 | €72,341 | €72,985 | +€644 | +0.9% |
| Financial income | 75/76B | €245 | €301 | +€57 | +23.2% |
| Recurring financial income | 75 | €245 | €301 | +€57 | +23.2% |
| Financial charges | 65/66B | €1,386 | €1,332 | -€54 | -3.9% |
| Recurring financial charges | 65 | €1,386 | €1,332 | -€54 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €71,199 | €71,954 | +€755 | +1.1% |
| Income taxes | 67/77 | €19,825 | €20,122 | +€297 | +1.5% |
| Profit (loss) for the period | 9904 | €51,375 | €51,832 | +€458 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €51,375 | €51,832 | +€458 | +0.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.